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E2 Questions and Answers

Question # 1

Which THREE of theÂ followingÂ are benefits of having strong discipline and grievance procedures in place?

Cost savings due to legal costs being avoided.

Staff have higher morale andÂ are more motivated.

Any staff who don't perform asÂ required canÂ be dismissedÂ without risk of legal action.

Company meets its legal requirements.

Question # 2

The initial Balanced Scorecard design, defined by Kaplan and Norton, used four perspectives (or legs) for management control and the implementation of strategy. What areÂ theÂ FOURÂ original perspectives?

Learning and growth

Internal business

External issues

Competitors

Financial

Customer

Question # 3

WhileÂ initiating a project to relocate to a larger site, a company looked at how the project proposal fits with the current set up of the business. The premises are only 20 miles away and it is feasible that the current staff would travel to the new factory to work.

As part of the feasibility considerations, this represents which type of feasibility?

Technical

Social

Environmental

Economic

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